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Thursday, July 2, 2015
johan sverdrup field
News

Norway Cuts Det Norske Stake in Giant Johan Sverdrup Oil Field

Det Norske Oljeselskap ASA, which complained its share of the giant Johan Sverdrup oil field was insufficient, got an even smaller stake after Norway’s

July 2, 2015
Total Views: 19

Wednesday, July 1, 2015
Fredriksen Sets Up $2 Billion LNG Powerhouse – EXMAR LNG
News

Fredriksen Sets Up $2 Billion LNG Powerhouse – EXMAR LNG

Billionaire John Fredriksen and Exmar NV are transferring liquefied natural gas assets to Flex LNG Ltd. to create a company operating 13 vessels with an

July 1, 2015
Total Views: 30

Monday, June 29, 2015
MSC Oscar
Maritime News

World’s Biggest Shipbuilder Sees Mega Ships Leading Global Demand

Hyundai Heavy Industries Co. expects mega- sized container ships to lead global orders until early next year as shipping companies seek ways to cut

June 29, 2015
Total Views: 40

cosco
News

COSCO Group Among China State Firms That Falsified Revenue and Profit, Auditor Says

Some of China’s biggest state firms were found to have falsified revenue and profits, while some state lenders doled out loans to unqualified borrowers, the

June 29, 2015
Total Views: 22

Greeks’ Role in Shipping Seen Unscathed Regardless of EU Destiny
Maritime News

Greeks’ Role in Shipping Seen Unscathed Regardless of EU Destiny

Greek shipowners dominant’ role in world trade faces little threat from the financial turmoil that’s roiling the Mediterranean country, according to

June 29, 2015
Total Views: 14

Thursday, June 25, 2015
Littoral Combat Ship USS Fort Worth Found Vulnerable to Attack Before Asia Deployment
Maritime News

Littoral Combat Ship USS Fort Worth Found Vulnerable to Attack Before Asia Deployment

Weeks before one of the U.S. Navy’s new Littoral Combat Ships departed for Asia, tests had exposed its vulnerability to a potential enemy attack, according

June 25, 2015
Total Views: 45

Wednesday, June 24, 2015
Japan Beating China in Race for Indian Ocean Deep-Sea Port
Maritime News

Japan Beating China in Race for Indian Ocean Deep-Sea Port

Japan is beating out China in a race to build Bangladesh’s first deep-sea port as the region’s powers jostle for a foothold in the Indian

June 24, 2015
Total Views: 33

Nigerian Trader Sues Glencore Over Failed Payments for Sailors’ Release
Maritime News

Nigerian Trader Sues Glencore Over Failed Payments for Sailors’ Release

Glencore Plc is being sued by a former representative in Nigeria who says the commodities trader promised him $5 million to help free 15 Russian sailors

June 24, 2015
Total Views: 103

Monday, June 22, 2015
Petronas’ $29 Billion Canadian LNG Export Project Hits New Snag with Aboriginal Group
Maritime News

Petronas’ $29 Billion Canadian LNG Export Project Hits New Snag with Aboriginal Group

By Rebecca Penty and Allison McNeely (Bloomberg) — Petroliam Nasional Bhd.’s C$36 billion ($29.4 billion) Canadian natural gas export project was

June 22, 2015
Total Views: 0

Ivory Coast Considers Satellite in Fight Against Pirates
Maritime News

Ivory Coast Considers Satellite in Fight Against Pirates

Ivory Coast is considering launching a satellite to combat security threats from pirates in the Gulf of Guinea and Islamist militants in the West African

June 22, 2015
Total Views: 2

In Show of Support, U.S. and Japan Join Philippines in Navy Drills Near South China Sea
Maritime News

In Show of Support, U.S. and Japan Join Philippines in Navy Drills Near South China Sea

The U.S. and Japan are conducting separate military drills with the Philippines near the disputed South China Sea, signaling support for the country as China

June 22, 2015
Total Views: 5

Thursday, June 18, 2015
Hercules offshore rig under tow
Interesting

Hercules Offshore to File for Bankruptcy

Hercules Offshore Inc. plans to put itself into bankruptcy next month in a creditor-supported deal that would wipe out all of its $1.2 billion of

June 18, 2015
Total Views: 45

Wednesday, June 17, 2015
China’s Anti-Graft Investigator Keeps Oil Giants in Its Sights
News

China’s Anti-Graft Investigator Keeps Oil Giants in Its Sights

China’s anti-corruption investigators continued to zero in on the nation’s oil giants, calling on two of its biggest state-owned companies to review their

June 17, 2015
Total Views: 2

Sunday, June 14, 2015
lng ship
Maritime News

Petronas Pushes Forward with $29 Billion Canada LNG Project

A Petroliam Nasional Bhd.-led group of companies elected to proceed with a C$36 billion ($29 billion) natural gas shipping project on Canada’s Pacific Coast

June 14, 2015
Total Views: 1

Friday, June 12, 2015
The New Silk Road – China’s Answer for Europe’s Needs
News

The New Silk Road – China’s Answer for Europe’s Needs

Although Budapest and Beijing are separated by 6,000 miles, they've just agreed to become much closer. In a quiet ceremony held last weekend, Hungary became

June 12, 2015
Total Views: 15

Pacific Drilling Emerges as Deepwater Takeover Target
Maritime News

Pacific Drilling Emerges as Deepwater Takeover Target

Pacific Drilling SA, an offshore oil-rig contractor, is gaining notice as a takeover

June 12, 2015
Total Views: 14

Chevron Completes Its Largest-Ever Seismic Survey Off Australia
Maritime News

Chevron Completes Its Largest-Ever Seismic Survey Off Australia

Chevron Corp. is studying data from its largest-ever seismic survey to decide where to drill for oil in an untapped frontier off southern

June 12, 2015
Total Views: 35

Thursday, June 11, 2015
NASA Visible Earth: Falkland Islands
News

Cameron “Robustly Defended” Britain’s Ownership Of Falkland Islands

[contextly_sidebar id=”x6Pv4wanLtS0EiIyFmfgmyZqTom96gtR”](Bloomberg) U.K. Prime Minister David Cameron and Argentinian President Cristina Fernandez

June 11, 2015
Total Views: 8

Wednesday, June 10, 2015
Vale Says Iron to Tighten as China Buys More and Sells Less
Maritime News

Vale Says Iron to Tighten as China Buys More and Sells Less

(Bloomberg) The global iron-ore market is set to tighten in the second half of the year as China imports more and produces less, according to the biggest

June 10, 2015
Total Views: 5

Chevron Hunts for Answers on Billion Dollar Rig Fail
Offshore

Chevron Hunts for Answers on Billion Dollar Rig Fail

(Bloomberg) An equipment failure that’s delayed Chevron Corp.’s $5.1 billion Big Foot deepwater oil project will reduce the company’s

June 10, 2015
Total Views: 67
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